do they need aer lingus any more? is it becoming a pain? maybe it's time to write it off and move on to his many other ambitions. >> thanks very much. now from planes to cars and a time out from russia. some of the world's largest car makers are responding to the ruble's collapse by pulling out of the country. hans nick ols is in berlin. who is leaving and who is stay sng >> some companies are leaving altogether without giving a date when they're going to return. let's put general motors in that basket. some companies are suspending pricing and therefore sales a little bit. let's put audi in that basket. bmw are saying they're moving inventory the china. so it's really across the board we see different reactions because so difficult to price your automobiles in rubles with the currency fluctuation that we've had. that's what gm said. here's the issue. and when you look at the numbers of sales and 2.2 million units in russia it's the second biggest market in europe. they're down some 70% of the year. take a look at individual brands. 14% fro

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what is the story with aer lingus? >> a cheeky bid getting towards christmas.a quick assessment by the board. they got this offer on the 14th of december. they rejected it by the. 16th they felt they did not fairly valued the company. wanted to get home for christmas. there are few things going on. the ceo is leaving. they have not appointed a new ceo. their pension, had issues with that. it is beginning to come to a resolution. huge shareholder in aer lingus, has been getting -- put pressure on the, regulators put pressure on them to sell their stakes. . you have to wonder if willie walsh did not just take a look at it and said, let's put in a cheeky number. >> thank you very much. let's check in on another company. chemical maker basf had big ambitious for an asset swap with gas rppromm. 100% guarantee it would be completed. this is the ceo in july. >> i'm confident because everything is in place, but some legal preparations we have to do internally still have to be undertaken. will happen in the fall of this year, not as previously announced on july 1. >> he

airwayswner of british says aer lingus has rejected a takeover offer.t would have consolidated aig's domination at london heathrow. >> china revising the size of the economy upward by more than 300 $8 million, 3.4% larger than million.-- $308 the central bank's efforts to stoke inflation is facing increasing challenges from the fall in oil prices. much to on "countdown," my colleagues enthusiasm, analyzing the bank of japan's policy, impact on the yen with eisuke sakakibara, mr. yen. week when the ruble crisis has dominated the agenda. vladimir putin blaming the west for all of the problems. all things russia with our next guest joining us from idea global. >♪ >> back to our top story, vladimir putin reinjuring -- reassuring that it is only temporary and potential for more sanctions from the u.s. joining us now, michael galahad from idea global. would you be brave enough to say the ruble for now has found a flaw? it's been three days now. would you be brave enough to say that? through the christmas time, we will see a phase of relative stabilization. it

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aer from the people. i can tell you there was a deep outpouring of anger from his supporters when they discovered the verdict which was originally scheduled for jan 15th, was brought forward to this morning and that's why they're planning this mass demonstration outside the kremlin later today. and navalny obviously unrepentant, as he was leaving the court called on the people to protest and call on vladimir putin to be destroyed. there was obviously distress at the kremlin at this point. there thank you peter. >>> isps can now block websites considered security requests, without approval. previously they needed a court order to do so. the new laws applied to social media sites. access to google in chien ah china access had been denied because ever google's refusal to abide by chinese laws. >>> ending israeli occupation of palestine by 2016, jordan handed over the document on behalf of the palestinian leaders. the draft resolution could be voted on in the coming days but the u.s. which has veto power at t

diplomatic relations with the us doesn't mean they're abandoning communist ways, but today on the streetsen aer. protesters called the policy a betrayal called for true democracy in cuba. one woman said the normalization of the relations would fortify them. >>> one of the victim of the roar theater shooting is -- aurora theater shooting is speaking out after the parents of holmes released a letter begging for mercy for their son. he's facing 12 murder charges. in this letter his parents write quote he's not a monster, he's a human being gripped by a severe mental illness, and should be spared the death penalty. wide receiver was wounded in the here -- weaver was injured in the attack, his girlfriend was killed. he questions the timing. >> right before christmas in the holidays when it's so painful. >> holmes parents also wrote quote we believe the dealt penalty is moralely wrong, especially with the condemned is mentally ill. jury selection is set to begin nexts month. >>> reports of several drone strikes on taliban militants in pakistan. today's attacks come just four days after taliban gunmen

governor held a news nference aer t policy meing. translator: we have sn th positive effects of adtional monetary easing. as a result, the deflationary mindset is improving and we think it will continue to improve. we are sticking to our stance receiving an inflation target of 2% as soon as possible. >> also referred to the shop sharp plunge of russia's ruble. he said the impact on the economy will be relatively small. as japan's trading investment with russia is lower compared to europe. he said a repeat of the 1998 currency crisis unthinkable because russia now has a huge amount of foreign reserves. and now here are the latest market figures. >>> pakistanis have been mourning the victims of a deadly school attack that killed more than 140 people. they were shocked and horrified by the cruelty of the attack. many students who witnessed the assault say they are too scared to go back to school. the government dlared three days of national mourning through friday for the more than 140 victims of the attack. people across the country st

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eastern juanita be aer tphatsdz thy on her experiences and the role of women.rooklyn college professor ba gentleman minute carp on the link of alcohol and politics in pre revolutionary new york city and then 8:00 p.m. cartoonists draws ten presidential characters as they discuss the presidents and some of the most memorable qualities. new year's day on the c-span networks for our complete schedule go to c-span.org. civil rights leaders colleagues and tphrepbdz of the late marion barry gathered for memorial service to honor the mayor. speaks included nation of islam leader lewis farakhan and marion barry's christopher and the ref rand jesse jackson. this part is an phourhour and 20 minutes. >> marion barry was brilliant. when he worked on his docktorate degree just sort of his dissertation and quit school to go to work on the committee and his completion of his ph.d. he had learned 180 chemical equations that he scared with his son christopher on several occasions and could still recite them in these late years of his life. bible says that a tree is known by the

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it's thatting aer over so many years that really percolating up now. >> schieffer: do you think that is a valid feeling that they are being treat differently? >> look at the statistics. if you look in new york stop and frisk measures between -- these are police members we looked at them. between 2002 and 2012 there were five million. 8% were blacks and latinos. 90% of those people who were stopped, 90%, that did not move on to an arrest even to a summons. those people had done nothing. 90% of the blacks and latinos that were stopped in stop and frisk new york city didn't do anything. imagine what that does to a culture if you fit the description, which means you're a black male 19-25. >> schieffer: were mows of the stops, were those in high crime areas? >> often in high crime areas, absolutely. >> schieffer: you wouldn't see that as justification that you might operate differently in areas where there are lots of crimes than areas where there are relatively -- >> the challenge is that it's not being applied proportionally. for example, you have -- if you are arresting and stopping pe

we will be talked about the fact that the ceo of aer lingus has a new job.e taking over malaysian air. in aviation.job we are talking about air france as well. the latest numbers are not great and the strikes continue to hurt. >> we talk to a ceo up one of the great apps. they are behind everything from airbnb. we will talk to the founder where the digital revolution goes from here and whether it has boundaries. are talking about companies, the backdrop of telecommunications like uber. francine said, airbnb. how and security today and much you have to spend to protect your system. one of the big stories we are watching. sony hacks again. the second time in two ways. how much you have to fear and how much you have to invest in your businesses and customers? >> tweet us. you can follow us on twitter. the question of the day is would you trust artificial intelligence? if you were a wealthy client, would you trust artificial intelligence to give you advice. we are back in 2. ♪ >> exit on hold. germany's finance minister said agrees may need more time -- greece m

. >> sreenivasan: we'll have more on t investigation aer the news smary.in an interview broadcast today, president obama said the cyber attack on sony pictures, which his administration blames on north korea, should not be considered an act of war, but he promised to retaliate just the same. >> i don't think it was an act of war. it was an act of cyber-vandalism that was very costly, very expensive. we take it very seriously. we will respond proportionally. >> sreenivasan: in a separate interview, the republican chairman of the house intelligence committee, mike rogers, described the incident as a nation-state attack and said the president could have retaliated already. >> the problem here was not the fact that we didn't have the capability to do something nearly in immediate time, we just didn't get a decision from the present of the united states. >> sreenivasan: five c.i.a. employees, being investigated for secretly searching computers used by senate intelligence committee staffers, reportedly will not be punished. this, according to the "new york times

right there is a whole paragraph that it the history begins with the magna carta and then fades into aered poo whe p it is going to be enforced and this is not a minor thing. we have a constitution than doesn't just guarantee democracy. it guarantees democracy, basic human rights, a degree of equality, it has separation of powers and so forth and it guarantees a rule of rule. with a document like that, this is a critical part and therefore congress cannot -- it cannot suspend this wrist habeas corps prus. t corpus. prisoners in guantanamo have a right to come into court and try to claim and prove that they are being held contrary to law. >> was that a unanimous -- >> no, it was not unanimous. there was a majority that was for it and i was on that side so i tend to think it was unanimous. >> let's suppose like on bush v. gore or anything where you are in the minority -- >> i have been in the minority. >> a few times maybe. >> you ever go to one of the justices say, i need a favor here, could you just switch your vote? maybe i could be on the majority then? you ever do a little trading like

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we shouldn't forget many statesmen were trying to bring it about or at the very least exs aer bait tensions. the simplest way of putting this is absent the assassination of arch duke franz ferdinand in sarajevo i don't think the first world war would have broken out. that is to say a broad conflagration. i think there might have been a third balkan war. two had been previously fought since 1912 breaking out between turkey and greece which need not have embroiled the larger powers because none of them had a direct stake in that fight. you could pick various moments in the course of july 1914, have the germans pulled the reins on the austrians sooner, had the austrians behaved more decisively, thad hey waited four weeks ahowing the coalition against them to develop, had serbia accepted the ultimatum, that's another what-if. there are all kinds of what-ifs in july that would have led to a very different scenario. once the war broke out then you're getting into military history. there we have here professor helger hole wig talking about the battle of the marne. there are germans who wanted a di

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only three other times have we reached 60 degrees or rm with aer for the christmas day. snow totals were only 14 to 15 inches. we'll see how it plays out. right now things 0 don't bode well. 50 in mount holy. allentown, 49. trenton, 49. we're still above average even though it's cooler right now. 34 degrees in philadelphia. dewpoint, 31. pressure reading falling off. poconos 36. trenton, 38. a pair of 3s for wilmington. satellite and radar there's no organized areas of low pressure there's a few clouds here, that's not reaching ground. we'll see cloud cover until 8:00, 9:00. that will clear out we'll see a decent amount of sunshine during the afternoon. the wider view shows a cold front slicing across the heartland of the nation. temperatures significantly drop off. 2 in bismarck. a 25 in omaha. 50 in men if i say, 50 in ain't louis. we're talking about a 20 to 25 temperature degree drop behind this front. this will push east in the next 48 us hours, it will get colder around here, but not too at her eablg cold. today, southwesterly breezes, lots of sun by afternoon, 55.

will understand this, but the cereal, the thing about the pod cast because it is like teen inning aers killed somebody. it is like teenagers who killed somebody. i kept listening because it is gossip about high school kids. that's what edgy archie should be. could learning twitter make grandpa less bitter? according to a new british study , my favorite six words, social media could help the elderly feel less lonely. people between the ages of 60 and 95 are trained how to use social media. they later reported heightened feelings of self-confidence. they weren't doing anything before. and a stronger since of personal identity. it is no surprise we stepped to do better when we have the capacity to connect with others. can older people get the hang of twitter 1234 let's take a look. let's take a look. ♪ >> that was awful. >> 90 years young. >> john, here is my feeling. grandma lacks a filter. says inappropriate things. should she be on twitter? >> it was made for her obviously. they have -- young people complain that they are wasting too much time on twitter. i think only old people should

this tuesday looking light aer than a typical tuesday. this south bay volume showing a typical pattern. a little slower build for this commute. i wanted to show you a wider shot. that's a typical pattern, again, a little buiit lighter and slow build for this morning's commute. the tri-valley does have 580 slowing but that hasn't been a problem this morning. east shore freeway moving nice live as well. you see the orange. a live look shows you the bay bridge and the san mateo bridge also west 92 over to the peninsula. >> we're in the holiday spirit. would you donate a wedding ring for someone in need at this time. the salvation army got that big surprise in one of its kettles in boston. >> a woman donated her diamond ring and the gold wedding band. they're accompanied by a note saying the woman wand to commemorate her late husband's generosity at christmas. an appraisal value of the ring by more than $1,800. in the note the woman says there's no price for the sentimental value of the ring but she wanted it to help kids in need. that's wond

right there is a whole paragraph that it the history begins with the magna carta and then fades into aered poo whe p it is going to be enforced and this is not a minor thing. we have a constitution than doesn't just guarantee democracy. it guarantees democracy, basic human rights, a degree of equality, it has separation of powers and so forth and it guarantees a rule of rule. with a document like that, this is a critical part and therefore congress cannot -- it cannot suspend this wrist habeas corps prus. t corpus. prisoners in guantanamo have a right to come into court and try to claim and prove that they are being held contrary to law. >> was that a unanimous -- >> no, it was not unanimous. there was a majority that was for it and i was on that side so i tend to think it was unanimous. >> let's suppose like on bush v. gore or anything where you are in the minority -- >> i have been in the minority. >> a few times maybe. >> you ever go to one of the justices say, i need a favor here, could you just switch your vote? maybe i could be on the majority then? you ever do a little trading like

this is aer the er tha terrible happens.he message it sends is, if you really scare us, we'll do what you want. poor seth rogen. i heard he's so stressed out by this, he's been smoking marijuana. [ laughter ] did you hear that, guillermo? >> yeah. [ laughter ] >> jimmy: the white house, they say the white house is debating whether or not to publicly accuse north korea. the justice department is expected to make a statement about this tomorrow. it could be deemed an act of war. could you imagine i we wind up in a war because of the guys from "pineapple express?" i always figured it would be harold and kumra. in happier news, christmas eve is one week away. you will be trying to desperately assemble a razor scooter or something. we came up with a fun game to play. it's become a tradition around here. how it works is this. i will show you a picture of a screaming child's face and you have to guess if the kid is on santa's lap orp g getting a flu shot. okay? [ laughter ] we call it santa's lap or flu shot. and here we go. [ chee

. >> in less than 24 hours aer a woman's body was found stabbed, there is an arrest. it is that victim's roommate, 53-year-old campfield. now being charged with first degree murder in the case. barbara, we'll get this audio issue fixed up and come back with more in a moment. >> okay, some audio difficulties there. we will talk to richard again about that case. breaking news happening right now. right now, moms are rallying to support a local woman who is fighting pregnancy discrimination in the nation's highest court. peggy young said she was discriminated against seven years ago because she was pregnant. news 4's derek ward is at the supreme court where arguments began just about an hour ago. derek, what's happening? >> when peggy young got pregnant, her employer asked her to go to her doctor and see if there are restrictions because it requires some lifting. she did what she was asked. the response she got from her employer was anything other than what she expected. when peggy was pregnant, her doctors advised her not to lift more than 20 pounds. when she told that

aere is no mention of religious holiday. ands all about profits people and family. if you respect me, you would not make me go out and ruin my holiday. the retail industry is horrendous as they treat their workers. no benefits. you go in the store and there are not enough people to help you. or it is the opposite here you go into the store and there is no one there. you're looking for help. i just think the retail industry should respect the consumer better and then we would feel like spending our dollars. thank you. guest: there are a lot of different people with a lot of different approaches in the holidays. that is often why shoppers like to thank -- like to shop on thanksgiving. retailers are there to please and serve customers. the question of retail employment. this is really an interesting subject. there are a lot of myths about retail employment. retailers hire a lot of employees. when the federal government takes those numbers and cranks out income reports based on those numbers, they calculate retail employment based on the entirety of retail employment ra

aer very imperfect decision by its very nature. a temporary way to address some of the fundamental requirements, but i think the status quo is untenable. it amounted to effective amnesty, and we're going to gain some accountability and bring families and people who are working in our communities out of the shadows, in a community like mine where 25% of the population are immigrants, more than 40% of the kids who live in my community are raised by parents who are immigrants, this is going to be a boom. it is going to make us more secure. a city that is already the safest city in america today. so on behalf of the people i represent i want to thank you and i want to thank the president. i do, however, want to address an issue that congressman smith and duncan brought up and that is the release of convicted criminals center cornen and i wrote a letter to ice and have yet to receive a response almost a month ago with important questions about the status of those who have been released where they are, how we improve our working with loc

republicans want a ready had aer lien.hy do the democrats want a softer line which means we'll negotiate, we'll have the trade embargo. >> i don't know if it is partisan. >>> democrats are for this thing. republicans against it. it is really falling that pattern. >> i think what we're seeing is the fact the republican party is a much more conservative party even than sense the time that we had the chairman in florida. and i think more of that is what you're seeing voiced today. you're not seeing it from by senator make the from arizona. a republican who supports what president obama did today. >> is the other part more anti-come nest than you are? >> no. nobody supports communism in the united states of america. this should be a day we are celebrating. there are 11.2 million people on the cuban island. they have been suffering 50 years under this current policy. continuing the same thing over and over again and specking a different result is the definition of insanity. i think enough time has been devoted to the embargo an

andy galling aer,asmach. >> to the moon and the bank, companies are trying to catch in on a new space race. of course, we are keeping an eye on the protests nationwide and in the city of new york. following the grand jury's decision not to indictment in the chokehold case. live pictures from manhattan. we will be back with more right after after this. >>> this is "al jazeera america." i am john seigenthaler. coming up: no indictment in the new york city chokehold case but the case could possibly go to court: civil court. a suspect under arrest in the murder of an american teacher in abu dhabi, what led to a break in the case. plus, why your flu shot might not be effective this season. >> thousands of protesters nationwide are expressing their anger tonight against white police officers killingly black men. >> demonstrators block traffic, held rallies, conducted mostly peaceful demonstrations in cities like boston, pittsburgh, oakland california and denver. also, u.s.a. today's reporting that the white police officer in new york who is swrfrnlths choke hold led to the death of eric gar

reeva steenkamp's mother breaking her silence about the verdict in her daughter aers death.learn that oscar pistorius may be tried again. the reason next. ♪you better pledge ♪ your allegiance♪ ♪you're not the only one ♪listen up forefathers ♪i'm not your son ♪you better help the children ♪let them have some fun ♪some fun ♪some fun. toothbrush... sweater... extra sweater... headphones, sleeping mask... oh, and this is the xfinity tv app. he can watch his dvr'd shows from where ever he wants. hey. have fun, make some friends. alright. did i mention his neck pillow? (sniffs pillow) watch your personal dvr library where ever you go. with the x1 entertainment operating system. >>> a judge rules prosecutors can appeal oscar pistorius's conviction, but not his sentence. that means a legal battle possibly could extend well into next year. pistol or yushgs you'll recall, was found guilty of culpable homicide in the death of his girlfriend reeva steenkamp. he was sentenced to five years in prison. the prosecutor called this punishment "shockingly light." our christian amanpour sat dow

aere isn't that big of difference between republicans and democrats and i think it is time or big government republicans to take a hard look at the way they are voting and the way they are in bed with crony capitalism. [applause] that is really easy for people who have been in the senate or to sayress for 30 years, new ideas aren't going to work, when i don't think washington is working very well. >> what is wrong with crony capitalism? >> oh, everything. that doesn't allow the free market to work. it makes it almost impossible for new ideas and businesses and innovative ideas to come up through the economy and through the system. it is a real problem when you have the government in bed with big corporations. those corporations are never going to go away. that is something people on the left and right have in common in terms of really taking a look at the relationship between the federal government and contractors, and also big banks, or car companies. it doesn't allow the little guy to function, and that is what e american dream is all about. we are seeing the government now working directl

you can read about the new york city office aers killed.d local reaction by coming to our website at nbc10.com. download our new app for the iphone so you can get breaking news alerts. >>> now your nbc 10 first alert weather. >>> here's a live look outside at market street in center city, philadelphia. it is cold tonight. a big warmup on the way and with that a lot of rain. meteorologist brittney shipp is watching the holiday forecast. how will the weekend start out? >> we are going to enter to a rainy stretch tomorrow. dry conditions are pretty much done as we push in to monday night. it is also cold out. let's look at the temperatures. below freezing for philadelphia at 30 degrees. 22 pottstown, 29 allentown. 25 wilmington. it will be a cold start tomorrow. you can see partly cloudy skies. quiet conditions for the entire northeast. that will change as we head to tomorrow evening. here's how tomorrow will break down. by the time you wake up in the morning, by 7 a.m., 31 millville, 35 trenton, 32 philadelphia. as we head to the rest of the

venezuela needs oil at a desperately high aer price. >> let's bring in carmine, and also david. carmine, there is clearly an awful lot going on news-wise today. what does it mean for an investor in this country more or less only focused on this market? >> well, i don't think these events in greece are likely to have a major impact on economic impact globally. in china, you look at reining in credit risk i think is a good move. you can't interpret that as a negative move. here in the u.s., fundamentals are in very strong. you've got record levels of profitability, company profits will increase next year by about 6% or 8%. you've got multiples that are quite roynable, interest rates that are stable and low. and takeover activities basically running 70% over last year's levels. buy backs up $570 billion this year. it's a great environment. >> david, let me jump in. there was a story in the "wall street journal" this morning, and here we go again, the discussion that is taking place at the fedded leading leading o the meeting next week having to do with the words considerable time w

so it's difficult for me to reconcile the man i knew with the person that did what he unequivocally aer and clearly did in holding these people hostages and then whatever happened there after. i find that very difficult to reconcile. notwithstanding that, many things may have happened in his life in the last eight, nine, ten months that i had no contact with him that may have caused him to become unhinged and to do what he did because clearly to go what he did he can't have been in the right mental state. >> yeah, you're listening here to manny conditsis, the most recent attorney for monis after he was killed in a 16 hour plus hostage standoff situation. manny, thank you very much for your insight. although it does raise a few more questions and an attack like this on australia's terror policy may have wider security implications. there are a number of questions we could ask. do western cities face a heightened risk of attacks because of a conflict in the middle east, for example. we'll talk about this more now with david mallett. he's associate director at the melbourne school of gover

. >>> the use of electronic cigarettes is on the rice especially among teenage aers, according to a newent study. they have surpassed traditional smoking among teams, the findings are sparking a debate about public health. >>> victoria randolph picked up her first cigarettes at the age of sometimes, today this teenager prefers puff on the ground this. randolph is smoking an electrotonic cigarette. >> they have instagram pages and facebook pages and youtube channels that teach you how to build them. all this stuff. it's a culture. >> reporter: it's a battery-powered nicotine infused available riser that is growing in popularity among u.s. teenagers. before the e cigarette randolph says she was smoking a pack offing a residence a day. do you feel any different? like you saw -- >> i feel healthier. >> reporter: you do? >> i don't have a cough. i don't have the cough and like the hacking that i had when i was speaking cigarettes. >> reporter: although teen tobacco use is down a report released this week by the national institute of health found that e-cigarette use among teens has surpassed

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it raised a broad aer issue as whether we were militarizing domestic law enforcement unnecessarily. have received a review from all the agencies involved in this program, the 1033 program. i will be signing an executive order that specifies how we are going to make sure that that program is accountable, how we're going to make sure that that program is transparent and how are we going to make sure that we're not building a militarized culture inside our local law enforcement. third, i'm going to be proposing some new community policing initiatives that will significantly expand funding and training for local law enforcement, including up to 50,000 additional body-worn cameras for law enforcement agencies. and i look forward to working with congress to make sure that in addition to what i can do aministratively and with resources that we've already got, that we are in a conversation with law enforcement that wants to do the right thing but to make sure we adequately do the training and enhance the trust between communities and police. and eric holder will work in parallel with the ta

on the cyber side because they will escalate almost inevitably and get us into potentially a kind of aer permanent cyber exchange with the north koreans. >> i was going to say, administration officials say people have this impression north korea has been sanctioned to the point they can do it no longer but they make the point when you talk about dollar denominated trade, how the country survives, there are many more steps they can take to squeeze and turn the tap on them. >> i would say one thing, though, it's very important that united states do -- does respond. you can't have kim jong-un censoring u.s. movies. you can't have north korea or others think they can reach in with a cyber hand and all of a sudden shut down artistic freedom or freedom of expression in the united states without the united states doing something to protect. >> all right. i want you to stand by. bill richardson, standing by as well. just ahead, we're going to take a closer look at the north korean army of cyber terrorists as they're now being called working out of a secret bureau and what one north korean defect

malaysian but i guess airlines is looking at his success in aer lingus.around specialist and this may be the toughest job in the industry right now. he has to leave a $1.7 billion turnaround. 15,s prioritizing december and a new company begins operations next july when it will have 6000 fewer workers. he also faces the challenge of dealing with the very powerful labor unions and malaysia. a bloated workforce has been one of the key criticisms of malaysia airlines in recent years, and let's not forget the twin tragedies that have casued 537 deaths. >> we still do not know where one of those planes is. one of his problems is getting people to trust these airlines, restoring its reputation. that is probably the top of his to do list. >> it is. if you want a commercial airline you need commercial passengers. --the wake of the strategies of these tragedies, that is the priority. he has the task of restoring investor confidence, reinventing his tarnished brand, and importantly booking a profit within three years. >> thank you. we are going to take a look at wha

some of the ones in my tenure that have -- i've enjoyed working with, people like bill arch aer of houston, -- archer of houston, jay pickle, steve bartlett, sam hall, but none has been more beloved and none has been more effective than ralph hall. of rockwall, texas. i have some other things to say, but you i see that congressman smith is here and congressman culberson. so i'm going to put the rest of mine in the record. does mr. waxman want to speak on ralph? in that case, i'll yield one minute to mr. waxman, the chairman emeritus and current ranking member of the energy and commerce committee. mr. waxman: i thank you. i did want to take this opportunity to pay tribute to ralph hall. particularly for his early years in the house of representatives, when he was a democrat. he came on the energy and commerce committee early and we sometimes think about democrats or republicans. he became a republican. he had been a conservative democrat. but everybody on both sides of the aisle held him in the highest respect because he was a man of integrity and honesty. when he gain of you his word, you

we shouldn't forget many statesmen were trying to bring it about or at the very least exs aer bait tensions. the simplest way of putting this is absent the assassination of arch duke franz ferdinand in sarajevo i don't think the first world war would have broken out. that is to say a broad conflagration. i think there might have been a third balkan war. two had been previously fought since 1912 breaking out between turkey and greece which need not have embroiled the larger powers because none of them had a direct stake in that fight. you could pick various moments in the course of july 1914, have the germans pulled the reins on the austrians sooner, had the austrians behaved more decisively, thad hey waited four weeks ahowing the coalition against them to develop, had serbia accepted the ultimatum, that's another what-if. there are all kinds of what-ifs in july that would have led to a very different scenario. once the war broke out then you're getting into military history. there we have here professor helger hole wig talking about the battle of the marne. there are germans who wanted a di

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for aers will now gather special session where abe is expected to again be elected as prime minister.d by a very low voter turnout, the lowest since world war ii. prime minister abe has acknowledged the challenge is going forward. listen in. abenomics is still only halfway through. i think i have shown we can change things. noticed thatve there are not many changes yet. sayink the election results it is our mission to deliver such change, and we can do that. >> despite the discontent with , the democratic party of japan failed to capitalize. they only got 73 seats, which is 11 more than the for election, but still well below the leader. back to you. >> thank you. the prime minister is certainly under pressure to deliver the goods. moody's is among those turning negative on the country, cutting its debt rating a notch this morning. joins us now from singapore. the pressure is on. what does he need to do to read and a great -- to reinvigorate confidence in his policies? >> that is the key question. the core of abenomics is the so-called third arrow, revitalization program, where growth

out by aere bought premium -- the company levers up and buys you out.f the coming shares that had been diluted by an overpriced acquisition, and that was a bad thing. >> that for the remaining shareholders. >> in this case, every shareholder made more than we did, because we spent the legal costs. so, the difference -- i compare it to carl icahn one point oh versus carl icahn 2.0. in the old days, carl was in a he was with management when the shares were threatened, and today, girl is with all the shareholders. we think it is a much better system. >> fannie and freddie. is there any money left to be made after the recent court decision? >> yes. we had an arbitrage meeting in the last week or two. we think the court decision that came down, first of all, did not address the substance of what we think is the most important argument, is can -- which is can the government take rubber property -- private property? imagine one day the government walks in to apple and says, ok, we're going to take 100% of the. >> profits apple is not under a conservatorship. >